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Billionaire speculators fuel drive for petrol alternative - by Carl Mortished
A clutch of billionaires has joined a high-stakes game to turn Brazilian farmland into a green fuel factory for the world. The tycoons, who include George Soros, the currency speculator, Steve Case, the founder of AOL, and Vinod Khosla, who established Sun Microsystems, are investing billions of dollars buying sugar cane plantations and mills in the expectation that Brazilian ethanol will be the best bet for producing low-carbon road fuels.
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